Skip to main content

Here's how much president Obama earned last year

attached-image.jpg

President Obama released his 2014 tax returns with reported income of $477,383. The president, who filed jointly with his wife Michelle, paid $93,362 in taxes at a rate of 19.6%.They also paid $22,640 in state income tax to Illinois, where they own a home. The first couple donated 14.8% of their total income to charity with $70,712 in donations to 33 non profit organizations. The largest contributions went to the Fisher House Foundation ($22,012) and Sidwell Friends School ($5,000), the DC private school where daughters Malia and Sasha attend. They also tithed $1,500 to St. John's Episcopal Church in DC, where the family has attended Sunday services. Obama also made good on his promise to donate to the ALS Association with a $200 gift, after he opted not to take part in the Ice Bucket challenge in support of the group last summer. Vice President Joe Biden and his wife, Jill, also released their tax returnsand reported joint income in 2014 of $388,844. They were taxed at the rate of 23.3% and paid $90,506 in federal income tax along with $13,661 in Delaware income tax. Jill Biden, who teaches English at Northern Virginia Community College, paid $3,777 in Virginia income tax. The Bidens contributed $7,380 to charity in 2014. They donated to education non profits along with Catholic charities and a Presbyterian church.

Comments

Popular posts from this blog

Inspirational Quotes to Motivate You for Work, Love, and Life

"Be there for others, but never leave yourself behind." — Dodinsky, In the Garden of Thoughts: Be Your Best Self “You are your best thing.” — Toni Morrison, Beloved "Be happy for this moment. This moment in your life." — Omar Khayyam "If you carry joy in your heart, you can heal any moment." — Carlos Santana "If you can dream it, you can do it." — Walt Disney "Do something wonderful, people may imitate it." — Albert Schweitzer "Try to be a rainbow in someone's cloud." — Maya Angelou “Give light, and people will find the way.” — Ella Baker “Keep your face to the sunshine, and you cannot see a shadow.” — Helen Keller “A person without regrets is a nincompoop.” — Mia Farrow “Life is short, and it is here to be lived.” — Kate Winslet “If you risk nothing, then you risk everything.” — Geena Davis “Self-esteem means knowing you are the dream.” — Oprah Winfrey “Everything you can imagine is real.” — Pablo Picasso “Speak your mind...

Take care of yourself__"The first wealth is health".

By Strive Masiyiwa  A few weeks ago I went to the doctor. I will tell you what he said about my health at the end, but first read this: Twenty years ago, I arranged to meet a well-known British international businessman who invested a lot in Africa at the time. We agreed to meet for dinner at a leading hotel in London.  After a good meeting, we started to walk out of the restaurant when he suddenly collapsed in the lobby. There was total pandemonium as they rushed to get medical assistance. Being London, an ambulance arrived in minutes. I jumped in the back with him as paramedics wrestled to keep him alive. He had had a heart attack and had to have triple bypass heart surgery. Sadly he died a few weeks later. He hadn't been sick and his sudden death surprised everyone. And yet as I reflected on it, and later discussed it with a doctor friend who knew him, I realized he was very laid back about his health despite having a hectic business life. Even during our dinner...